Tata Motors Ltd believes India’s recent electric vehicle policy, which promotes domestic EV manufacturing and reduces import duties on certain electric cars, is not aligned with Jaguar Land Rover’s India strategy and has no plans to utilize that policy to expand the British luxury brand’s business in India. “At this point in time, the specific… Continue reading India’s new EV policy not suitable for JLR: Tata Motors CFO Balaji
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Tata Motors’ sales dip 11% Y-o-Y to 70,161 units in July 2024
Updated On Aug 1, 2024 at 01:19 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals For the April-June period of this fiscal year, global wholesale numbers for all Tata Motors’ commercial vehicles, including the Tata Daewoo range, reached 93,410 units, a 6% increase over Q1 FY24. The vehicle sales of Tata… Continue reading Tata Motors’ sales dip 11% Y-o-Y to 70,161 units in July 2024
Tata Motors announces additional details of CV demerger
The Board of Directors of Tata Motors Limited has today, (1 August 2024), approved a Composite Scheme of Arrangement amongst TML, TML Commercial Vehicles Limited (TMLCV), Tata Motors Passenger Vehicles Limited (TMPV) and their respective shareholders under Sections 230-232 and other applicable provisions of the Companies Act, 2013. As a part of the Scheme, TML… Continue reading Tata Motors announces additional details of CV demerger
Tata Motors Q1 FY25 earnings: JLR sales, better realization boosts profit
Tata Motors on Thursday reported that its net profit for the first quarter of the financial year 2025 soared 73.8% on year, while its operating profit rose by 6%. The profit was driven by robust Jaguar Land Rover sales, an improved mix in overall volumes, and moderation in raw material price inflation. For the quarter… Continue reading Tata Motors Q1 FY25 earnings: JLR sales, better realization boosts profit
U.K.’s Lister Coaxes 666 HP Out of Jaguar F-Type – Ward’s Auto
U.K.’s Lister Coaxes 666 HP Out of Jaguar F-Type Ward’s Auto Go to Source
@Tata-JLR: JLR DELIVERS BEST Q1 REVENUE ON RECORD
About JLR JLR’s Reimagine strategy is delivering a sustainability‑rich vision of modern luxury by design. We are transforming our business to become carbon net zero across our supply chain, products, and operations by 2039. We have set a roadmap to reduce emissions across our own operations and value chains by 2030 through approved, science‑based targets.… Continue reading @Tata-JLR: JLR DELIVERS BEST Q1 REVENUE ON RECORD
Group 1 Automotive Announces Closing on Inchcape Retail Automotive Operations
HOUSTON, Aug. 1, 2024 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced that the Company has closed on the acquisition of Inchcape Retail (“IR”) automotive operations with 54 dealership locations across the U.K. These dealerships are… Continue reading Group 1 Automotive Announces Closing on Inchcape Retail Automotive Operations
Auto Sales July 2024: Tata Motors reports weak performance
Tata Motors, one of India’s leading automotive manufacturers, has released its sales figures for July 2024, showing a mixed performance across its passenger vehicle (PV) and commercial vehicle (CV) segments. The company reported total sales of 71,996 units in the domestic and international markets, marking an 11% decline compared to 80,633 units sold in July… Continue reading Auto Sales July 2024: Tata Motors reports weak performance
Auto Sales July 2024: Tata Motors reports weak performance
Tata Motors, one of India’s leading automotive manufacturers, has released its sales figures for July 2024, showing a mixed performance across its passenger vehicle (PV) and commercial vehicle (CV) segments. The company reported total sales of 71,996 units in the domestic and international markets, marking an 11% decline compared to 80,633 units sold in July… Continue reading Auto Sales July 2024: Tata Motors reports weak performance
Maruti Suzuki says inventory ‘slightly higher, but manageable’
Amid growing concerns raised by the Federation of Automotive Dealers Association (FADA) over a pile-up of unsold cars at dealerships and their call to rationalize production, India’s largest carmaker Maruti Suzuki India Ltd on Wednesday asserted that its inventory levels are manageable, though it is slightly higher than optimal. “Our inventory was at a very… Continue reading Maruti Suzuki says inventory ‘slightly higher, but manageable’